Exterior insulation and finish system (EIFS) market size will grow from USD 60.68 billion in 2018 to USD 108.11 billion by 2023, at a projected CAGR of 12.24%. The EIFS market is expected to witness high growth as a result of the growing demand for thermal insulation in residential and non-residential construction and owing to the stringent regulations to reduce greenhouse gas emissions.

Middle East & Africa is projected to be the fastest-growing market during the forecast period. The global players, to improve their presence in this region, have started expanding their businesses, particularly in Africa, due to the availability of cheap labor, low exchange rates, and lenient environmental, health, and safety laws.

The geographic proximity of Africa and the Middle East with Asia Pacific and Europe has made this region an emerging destination for setting up manufacturing facilities. The growing demand for thermal insulation in residential and non-residential buildings in the region is driving the demand for EIFS in this region.

Target Audience

EIFS manufacturers

Raw material suppliers

End users

Consulting firms

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